Zacks Research Brokers Boost Earnings Estimates for Corning

Corning Incorporated (NYSE:GLW) – Analysts at Zacks Research lifted their Q3 2025 EPS estimates for Corning in a note issued to investors on Monday, April 21st. Zacks Research analyst R. Department now anticipates that the electronics maker will earn $0.63 per share for the quarter, up from their prior estimate of $0.62. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s FY2025 earnings at $2.31 EPS, Q2 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.77 EPS, FY2026 earnings at $2.73 EPS, Q1 2027 earnings at $0.66 EPS and FY2027 earnings at $2.88 EPS.

Several other research analysts have also commented on GLW. JPMorgan Chase & Co. lowered their price target on Corning from $62.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Barclays dropped their target price on Corning from $53.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 29th. HSBC raised shares of Corning from a “hold” rating to a “buy” rating and increased their price target for the stock from $51.00 to $60.00 in a research report on Thursday, January 30th. Hsbc Global Res upgraded shares of Corning from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 30th. Finally, Bank of America increased their target price on shares of Corning from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Corning has an average rating of “Moderate Buy” and a consensus price target of $53.31.

Corning Price Performance

Corning stock opened at $43.02 on Wednesday. The company’s 50 day simple moving average is $45.80 and its 200-day simple moving average is $47.61. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.07 and a current ratio of 1.62. Corning has a 1 year low of $31.20 and a 1 year high of $55.33. The company has a market capitalization of $36.86 billion, a price-to-earnings ratio of 74.17, a price-to-earnings-growth ratio of 1.50 and a beta of 1.03.

Corning (NYSE:GLW) last announced its quarterly earnings results on Wednesday, January 29th. The electronics maker reported $0.57 EPS for the quarter, beating the consensus estimate of $0.56 by $0.01. Corning had a return on equity of 15.10% and a net margin of 3.86%.

Corning Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Friday, February 28th. Corning’s dividend payout ratio (DPR) is 193.10%.

Insider Buying and Selling

In other news, SVP Michael Alan Bell sold 2,209 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $49.87, for a total transaction of $110,162.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Eric S. Musser sold 30,000 shares of Corning stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $51.92, for a total value of $1,557,600.00. Following the completion of the sale, the chief operating officer now owns 152,944 shares in the company, valued at approximately $7,940,852.48. This trade represents a 16.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is owned by company insiders.

Institutional Trading of Corning

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC boosted its stake in shares of Corning by 76.7% during the 4th quarter. Sound Income Strategies LLC now owns 523 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 227 shares in the last quarter. Sierra Ocean LLC acquired a new position in Corning during the fourth quarter worth $25,000. Asset Planning Inc purchased a new stake in Corning during the fourth quarter worth $29,000. Vermillion Wealth Management Inc. acquired a new stake in Corning in the fourth quarter valued at $29,000. Finally, Putney Financial Group LLC purchased a new position in shares of Corning in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

About Corning

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices.